RCFD8711: Written OTC Equity Derivative Option Contracts
RCFD8711 is the call report code for written otc equity derivative option contracts, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items. For Q2 2026, 80 banks reported it, totaling $1.44T; the median among the 11 with a nonzero amount was $63.04B. The largest value reported for Q2 2026 was $586.75B, by JPMorgan Chase Bank, N.A.
Definition
Includes the contract amount for those OTC option contracts where the reporting entity has obligated itself, for compensation, to purchase or sell an equity instrument or equity index.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFD8711 sits on the call report
| Code | RCFD8711 (prefix RCFD, item 8711) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-L, Derivatives and Off-Balance-Sheet Items |
| Reported on | FFIEC 031 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 1993 |
The same item under other prefixes
Item 8711 is also reported under these codes. Which banks file each one depends on the form they file.
| Code | Meaning of the prefix | Banks reporting |
|---|---|---|
| RCON8711 | Domestic offices. Banks without foreign offices (FFIEC 041 and 051 filers) report their whole balance sheet in RCON items | 935 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFD8711 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $586.75B |
| Citibank, N.A. | Sioux Falls, SD | $409.05B |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $125.92B |
| Goldman Sachs Bank USA | New York, NY | $116.42B |
| Bank of America, N.A. | Charlotte, NC | $115.20B |
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $63.04B |
| Truist Bank | Charlotte, NC | $18.55B |
| HSBC Bank USA, N.A. | Tysons, VA | $3.20B |
| BMO Bank N.A. | Chicago, IL | $168.3M |
| Banco Popular de Puerto Rico | San Juan, PR | $96.0M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 80 | $1.44T |
| March 31, 2026 | 80 | $1.34T |
| December 31, 2025 | 80 | $1.22T |
| September 30, 2025 | 80 | $1.31T |
| June 30, 2025 | 80 | $1.19T |
| March 31, 2025 | 82 | $1.19T |
| December 31, 2024 | 82 | $1.09T |
| September 30, 2024 | 82 | $1.16T |
Related
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